Holyfield's Georgia Home Under Foreclosure

Former Heavyweight champ Evander Holyfield’s sprawling Georgia estate is back under foreclosure, The Atlanta Journal-Constitution reported Wednesday.

Unless Holyfield is able to come up with enough to pay off what he owes on the original $10 million loan by July 7, he will lose the 109-room Fairburn mansion. That’s when an auction is scheduled on the steps of the Fayette County Courthouse.

Holyfield, 46, has earned more than $248 million in the ring, “but two divorces, several failed business ventures and child support payments believed to total $500,000 annually have taken a toll on his financial well-being,” writes the Journal-Constitution.

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Source: BET